Post Profile

The statement added that Trump had paid "hundreds of millions" of dollars in other kinds of taxes over the years.
Since 1976, every major party presidential nominee has released tax returns.
The Times said a lawyer for Trump argued that publication of the records would be illegal because Trump had not authorized their disclosure.
Because of provisions in the tax code that allow wealthy individuals to offset their personal income with losses in various partnerships and business ventures, Trump could have used his losses in 1995 to avoid incurring tax liabilities on as many as three years of prior and 15 years of future profits.read more

share

Related Posts

Donald Trump’s troubled presidential ambitions were rocked anew Saturday night with a New York Times story that said the Republican nominee had declared a nearly billion-dollar loss on his tax return for 1995 that “could have allowe...

Donald Trump’s troubled presidential ambitions were rocked anew Saturday night with a New York Times story that said the Republican nominee had declared a nearly billion-dollar loss on his tax return for 1995 that “could have allowe...

Donald Trump may have a major tax scandal on his hands, with a report suggesting that the Republican presidential candidate may have avoided paying any federal income taxes for close to two decades. The New York Times obtained Trump...

Republican presidential nominee Donald Trump declared a $916 million loss on his 1995 income tax returns and the large tax deduction may have allowed him to avoid paying federal income taxes for up to 18 years, the New York Times re...

A bombshell from the New York Times tonight: Donald Trump may indeed not have paid any taxes for almost two decades.
Donald J. Trump declared a $916 million loss on his 1995 income tax returns, a tax deduction so substantial it coul...